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3402 E 7th St
Joplin, MO 64801
Eagle Self Storage · Specialty Property For Sale
·
55,510 SF
INVESTMENT HIGHLIGHTS
- Strong and Growing Population of 74,678 Residents Within Five Miles of the Property
- The Joplin MSA is the 5th Largest in the State of Missouri and is Home to 204,787 Residents
- Located in the Southwest Corner of Missouri, Approximately 100 Miles Northeast of Tulsa, Oklahoma, and is Home to 53,525 Residents
EXECUTIVE SUMMARY
- This institutional-sized self-storage facility is being offered at a low basis, presenting significant upside potential and ample room for future expansion.
- The property includes 35,280 net rentable square feet (NRSF) of drive-up, non-climate-controlled storage, 18,500 NRSF of enclosed parking storage, and four outdoor parking rentals.
- Revenue growth opportunities exist through lease-up, stabilization, and the implementation of existing customer rental increases.
- The facility has recently undergone renovations, including a new silicone roof coating, all new doors, a fresh paint job, and the installation of a new Spiderdoor keypad, solar cameras, and solar lighting.
- Fully equipped for remote management, the property features an automatic gate, keypad access, security cameras, and management software.
Scott Reid
Missouri Broker of Record
Lic#2019035835
Scott@parasellinc.com
949.942.6578
- The property includes 35,280 net rentable square feet (NRSF) of drive-up, non-climate-controlled storage, 18,500 NRSF of enclosed parking storage, and four outdoor parking rentals.
- Revenue growth opportunities exist through lease-up, stabilization, and the implementation of existing customer rental increases.
- The facility has recently undergone renovations, including a new silicone roof coating, all new doors, a fresh paint job, and the installation of a new Spiderdoor keypad, solar cameras, and solar lighting.
- Fully equipped for remote management, the property features an automatic gate, keypad access, security cameras, and management software.
Scott Reid
Missouri Broker of Record
Lic#2019035835
Scott@parasellinc.com
949.942.6578
PROPERTY FACTS Under Contract
| Sale Type | Investment | Lot Size | 4.40 AC |
| Cap Rate | 4.45% | Building Size | 55,510 SF |
| Property Type | Specialty | No. Stories | 1 |
| Property Subtype | Self-Storage | Year Built | 1989 |
| Building Class | C | ||
| Zoning | M-2 - Industrial Manufacturing District | ||
| Sale Type | Investment |
| Cap Rate | 4.45% |
| Property Type | Specialty |
| Property Subtype | Self-Storage |
| Building Class | C |
| Lot Size | 4.40 AC |
| Building Size | 55,510 SF |
| No. Stories | 1 |
| Year Built | 1989 |
| Zoning | M-2 - Industrial Manufacturing District |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $96,860 | |
| Land Assessment | $70,760 | Total Assessment | $167,620 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$70,760
Improvements Assessment
$96,860
Total Assessment
$167,620
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